The Manufacturers Life Insurance Company Has $1.28 Million Holdings in StoneX Group Inc. (NASDAQ:SNEX)

The Manufacturers Life Insurance Company decreased its holdings in shares of StoneX Group Inc. (NASDAQ:SNEX) by 1.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,676 shares of the company’s stock after selling 231 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in StoneX Group were worth $1,284,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. State of Alaska Department of Revenue raised its stake in StoneX Group by 0.9% in the third quarter. State of Alaska Department of Revenue now owns 16,146 shares of the company’s stock valued at $1,322,000 after buying an additional 145 shares during the period. SummerHaven Investment Management LLC lifted its holdings in shares of StoneX Group by 1.6% during the second quarter. SummerHaven Investment Management LLC now owns 12,699 shares of the company’s stock worth $956,000 after buying an additional 199 shares in the last quarter. Arizona State Retirement System boosted its position in shares of StoneX Group by 3.0% in the second quarter. Arizona State Retirement System now owns 7,949 shares of the company’s stock valued at $599,000 after acquiring an additional 234 shares during the period. Louisiana State Employees Retirement System increased its position in StoneX Group by 2.2% during the second quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the company’s stock worth $1,032,000 after acquiring an additional 300 shares during the period. Finally, Millington Financial Advisors LLC raised its stake in StoneX Group by 1.5% in the 2nd quarter. Millington Financial Advisors LLC now owns 21,860 shares of the company’s stock worth $1,646,000 after purchasing an additional 331 shares in the last quarter. Institutional investors own 75.93% of the company’s stock.

Insider Transactions at StoneX Group

In other news, CEO Sean Michael Oconnor sold 37,500 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were sold at an average price of $98.42, for a total transaction of $3,690,750.00. Following the completion of the transaction, the chief executive officer now owns 506,994 shares of the company’s stock, valued at approximately $49,898,349.48. This trade represents a 6.89 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Moore Fowler sold 1,800 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $100.14, for a total transaction of $180,252.00. Following the completion of the sale, the director now directly owns 81,375 shares in the company, valued at approximately $8,148,892.50. This represents a 2.16 % decrease in their position. The disclosure for this sale can be found here. 16.24% of the stock is owned by insiders.

StoneX Group Price Performance

StoneX Group stock opened at $102.85 on Thursday. The firm has a market cap of $3.28 billion, a PE ratio of 12.84 and a beta of 0.78. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.81 and a quick ratio of 1.30. The stock’s fifty day moving average price is $94.02 and its two-hundred day moving average price is $83.54. StoneX Group Inc. has a one year low of $61.68 and a one year high of $106.77.

StoneX Group Company Profile

StoneX Group Inc operates as a global financial services network that connects companies, organizations, traders, and investors to market ecosystem worldwide. The company operates through Commercial, Institutional, Retail, and Global Payments segments. The Commercial segment provides risk management and hedging, exchange-traded and OTC products execution and clearing, voice brokerage, market intelligence, physical trading, and commodity financing and logistics services.